1st car ?
- Thread starter Friswell_69
- Start date
The section in bold, should be considered as...doesn't exist.
I will assume, that first car means you are 17-19 I suppose.
What you should do, is completely forget about the car, until you have worked out what you can afford for insurance.
Work out how much cash you have to spend a month.
OK, so say £40 a month on fuel for a small engined car.
Allow about £15 a month for road tax.
You will need to allow around £100 a month for insurance, I would say at a bare minimum.
Pick a few cars and phone around for quotes...best car for insurance, is a Beige Citroen 2CV...just to give you an example.
It is a sad fact, that loads of cars that you would love (2.2 Vectra's, etc) will be dirt cheap to buy...but cost you thousands to insure.
Just a tip for you...a modified car, can save you money.
My 3rd car, when I was 19, was a 2 16V Calibra, less than 3 years old.
Link, an Insurance company, wanted £2500 a year Fully comp for me on that car.
My then Insurance Broker, Adrian Flux, who specialise in modified and performance cars, insured me including lowered suspension, performance exhaust system, air filter alloys, stereo etc...for £1400...ironicly, with Link!
The very best way, to get cheap insurance, on a cool car...is to build or buy a Kit car...such as the Lotus 7 type ones, which you can build yourself, for not alot...also means you can upgrade the engine when you like...but the main thing, is specialist insurance...because you built it, or they assume you did, they also assume you will repair it and are more likely to take care of it, so insurance is utterly cheap.
My mate and I built a stunning Lotus 7 type car, as his first car with a 1.3 lump...blistering acceleration and handling, because it's so small and light...Insurance, fully comp £285...that was 12 or so years ago...but you get the idea.
So yeah...work out what you can afford to spend on insurance, then pick the car with what's left over!
Diesel is good...in fact, if you want to go silly...get a 1.9 TD Golf...maybe mark 3...bomb proof...then get your modified insurance company, and bung a 60 BHP or more Nitrous injection kit on it...and pi$$ all over many cars from the lights!
I lol'd, why would i want to pay £10K for a £5k car
As the skeet said, look at diesels too (i would say VW diesels only really)
-james
When asking advice from my driving instructor, he said that corsa's and fiesta's were good as they cost little less to repair than other similar cars.
Your instructor obviously has faith in you
Seriously though, the costs of parts/repairs does have an effect on insurance.
Dunno what sort of deal finance houses run round your parts but one of the lads I worked with had a Saxo with 2yrs free fully comp insurance and 3 yrs 0% credit, after 2 yrs he chopped it in for an Astra with another 2yrs free insurance and 0% finance, at 4yrs he had the no claims to afford the 5th years insurance and the depreciation on 2 cars over 5 years worked out cheaper than the insurance would have for the first 4 years. Now, obviously he was far to sensible by half for your comprehension as by 22 he had a paid for reasonable car while his mates were struggling to run sh!t boxes.I lol'd, why would i want to pay £10K for a £5k car
As the skeet said, look at diesels too (i would say VW diesels only really)
-james
*EDIT* Sorry James, a hint of sarcasm took hold of me last night
As much financial sense as it make's. Your still paying for a car for five years untill you actually own the damm thing and to me, that make's no sense.
there are websites that let you check what insurance groups each car is, and weather the insurance will be higher or lower due to repair cost's.
Pick a car you like, keep it under 1.4L. take the hit on insurance in the first year. Drive safe, and don't be a muppet an drive like a chav, and by the second year you'll have one year no claims, and far cheaper insurance.
-james
there are websites that let you check what insurance groups each car is, and weather the insurance will be higher or lower due to repair cost's.
Pick a car you like, keep it under 1.4L. take the hit on insurance in the first year. Drive safe, and don't be a muppet an drive like a chav, and by the second year you'll have one year no claims, and far cheaper insurance.
-james
fiesta 1.25 zetec - Nippy little cars that can go pretty fast as they have 16valves.
cheapish to insure - about £1100 and cheap to pick up -about £1500.
This was my first car, only kept it for a year as it hit around about
cheapish to insure - about £1100 and cheap to pick up -about £1500.
This was my first car, only kept it for a year as it hit around about